Business TENSIONS BENEFITING MALAYSIA
Another advantage exists for Malay businesses as a result of ongoing trade tensions between the US and China.
With the classification of the silicon market, buyers are “more open” to another solutions from “more natural countries” like Malaysia, said Mr Fong Swee Kiang, founder and CEO of Malaysian start-up Skyechip.
The business was established four years ago and specializes in offering Internet and Circuit options for AI.
It now has 300 developers and more than 30 trademarks, and is slated for possible identifying on Bursa Malaysia – the region’s property trade – next time.
” In the past, let’s say for silicon IP, it ( was ) dominated by companies like Psygnosis, Cadence, Rambus and so on”, Mr Fong pointed out.
That scenario has from changed.
” I think that earned us the screen to present our Internet solutions”, he added.
All this is tunes to the lips of Malaysia’s Economy Minister Rafizi Ramli, who wants to encourage more nearby technology leaders.
” Finally, IC design firms want to be listed.” The closeness to Klang Valley… is critical. Additionally, the ability pipeline is close by. Most of the region’s leading education organizations are in Klang Valley”, he told CNA.
” I’m hoping that the next five-year plan ( is ) where people go directly to the industry, they get certified. Finally, they can get all the way to a level and that, in a way, de-bottleneck the whole method”, he added.